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Terrace End

127 Ruamahanga Crescent, Terrace End, Palmerston North

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911sqm Land area SQM
4 Bedrooms
2 Bathrooms
1 Parking

Offers/Enquiries Over NZ$485,000

Discerning buyer alert! Options galore.


Calling all discerning investors, home buyers, extended families and developers!

With a modernised three bedroom, one bathroom front stucco home with a separate single plus garage AND a one bedroom, one bathroom second dwelling at the back of a large 911sqm (more or less) freehold section, the rental income will be approximately $610-$640p/w with potential for more! And, given the popular family location and lovely established setting, this will attract quality tenants for a hard to beat investment opportunity!

Alternatively, you could live in one and either rent out the other to help pay off the mortgage quickly or have extended family stay. This property really does offer plenty of options for the discerning buyer including a subdivision plan.

The main front dwelling is a stunning and solid 1960's three bedroom, one bathroom stucco home featuring modernised and fresh decor throughout with a stylish, near new kitchen and bathroom. The covered outdoor bbq area off the lounge - along with the quality gas heater and HRV system - adds to the large appeal here.

The back dwelling is tucked away at the back of the section behind the separate single plus garage and is surrounded by its very own large, private outdoor space. Its 52sqm (more or less) floor area has an open plan kitchen/dining/living area, a bathroom/laundry room and one double bedroom. Currently rented by a nice professional couple that are happy to stay on if it suits the new owner.

Get along to an open home and/or contact Ian Robinson, 027 3195858, for more information. Investing your time in due diligence here may well be very rewarding and this MUST sell.

Ian Robinson

Ian Robinson


Mid West Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Location


Quality family location close to river walks and the Palmerston North Golf Course as well as good schooling in the ever popular suburb of Terrace End.

Options


Rent out one or both for fantastic income. Live in one and have extended family in the other. Develop the large section…the options are endless!

Presentation


Modernised main dwelling in excellent condition with a very tidy second dwelling on a lovely, established section.